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Dow at 26,000? Not So Fast – US Stock Market Tumbles as VIX Bounces

Sam Bourgi
Updated
dow jones us stock market
dow jones us stock market

The Dow and U.S. stock market traded lower on Thursday after lackluster data offset renewed optimism that China and the United States were making strides on a new trade agreement.

US Stock Market Eyes Biggest Drop in Two Weeks

All of Wall Street’s major benchmarks reported declines midday, with the Dow Jones Industrial Average sliding 72 points, or 0.3%, to 25,881.99. The blue-chip index was down nearly 100 points earlier in the day, a carryover from a dismal pre-market session for Dow futures.

dow jones industrial average
dow jones industrial average

The Dow took a dive on Thursday.

Shares of DowDuPont (DD) fell 1.9% to lead the index lower. Nike Inc. (NKE) fell 1.4% and Walgreens Boots Alliance (WBA) traded 1.2% lower.

Read the full story on CCN.com.